Common use of Concerning Intellectual Property Clause in Contracts

Concerning Intellectual Property. Make proposals to the Consortium Members on licensing projects pursuant to the terms of Article 9 “Intellectual Property Rights”; Decide on terms and conditions of Access rights to Pre-Existing Know-How not listed prior to the signature of the EC Contract; Decide on terms and conditions of access to Knowledge and Pre-Existing Know-How by Affiliates not listed prior to the signature of the EC Contract; Make proposals to the Management Team concerning the management of the network knowledge portfolio; Ensure a review of Project Knowledge; Make proposals on the acquisition of rights from third parties. Concerning Project monitoring: Make proposals to the Governing Board to suspend all or part of the Project or to terminate all or part of the EC Contract, or to request the Commission to terminate the participation of one or more Consortium Members; In case of default by a Consortium Member including the Coordinating institution, review and prepare proposals for submission to the Governing Board, concerning measures to be taken against the Defaulting Consortium Member, including, through a request to the Commission, for an audit, and assignment of the Defaulting Consortium Member's tasks, a staggered payment of the financial part of this Consortium Member’s contribution, and suggestions as to any new entity to replace the Defaulting Consortium Member; Concerning the use of reserves, make all decisions regarding their use and refer to the Governing Board; Authorise any Consortium Member to subcontract certain elements of its tasks in accordance with provisions of article 5.4 (vii); The Management Team shall more generally take any and all decisions required for the proper conduct of the Project. The secretary of the Management Team is appointed by the Coordinator. Each member of the Management Team has one (1) vote and decisions shall be taken upon a simple majority of members present or represented. Be responsible for carrying out the specific coordination task specified in the EC Contract; Communicate all information in connection with the Project to the Commission; Receive the entire financial contribution from the Commission. The Coordinator shall manage this contribution by allocating it to the Consortium Members pursuant to the “Programme of Activities” and the decisions taken by the appropriate bodies; Prepare annual accounts as requested by the Commission and prepare, within a reasonable time, an actual statement upon request of the Commission or any of the Consortium Members; Inform the Commission and the Governing Board of the distribution of the funds among the Consortium Members, specifically the amounts allocated and the dates of payment to each Consortium Member; Ensure the signature, by all Consortium Members, of the EC Contract. Vis-à-vis the other Consortium Members: Act as intermediary between the Consortium Members and the Commission. Prepare for the Governing Board the Project Deliverables based on the reports, the supporting documents and audit certificates to be provided to the Coordinator by the Consortium Members. Address the Project Deliverables to the Commission, after prior validation by the Governing Board. Except in the Coordinator’s capacity as representative of the Consortium Members as defined in the EC Contract and for any mandate duly given by the Governing Board, the Coordinator shall not be entitled to act or to make legally binding declarations on behalf of any other Consortium Members.